Ian Smart - NFI Executive VP of After Market Buses

NFI Stock  CAD 14.38  0.10  0.69%   

EVP

Mr. Ian Smart serves as President Motor Coach Business of New Flyer Industries Inc. He joined New Flyer in 2011. He is responsible for After Market, which includes Parts, New Flyer Connect, Customer Training and Publications. Prior to joining New Flyer, he worked in the aerospace maintenance, repair and overhaul industry with StandardAero. As the Senior Vice President for Airlines and Fleets, he was responsible for revenue of nearly 600M and over 900 employees that supported airline customers around the world. He holds a BS in Industrial Engineering. since 2016.
Tenure 8 years
Address 711 Kernaghan Avenue, Winnipeg, MB, Canada, R2C 3T4
Phone204 224 1251
Webhttps://www.nfigroup.com

NFI Management Efficiency

The company has return on total asset (ROA) of 0.0218 % which means that it generated a profit of $0.0218 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0344) %, meaning that it generated substantial loss on money invested by shareholders. NFI's management efficiency ratios could be used to measure how well NFI manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to -0.08. In addition to that, Return On Capital Employed is likely to grow to -0.01. At this time, NFI's Non Currrent Assets Other are very stable compared to the past year. As of the 28th of November 2024, Other Current Assets is likely to grow to about 32 M, while Total Assets are likely to drop about 1.7 B.
NFI Group has accumulated 1.14 B in total debt with debt to equity ratio (D/E) of 2.1, implying the company greatly relies on financing operations through barrowing. NFI Group has a current ratio of 1.89, which is within standard range for the sector. Debt can assist NFI until it has trouble settling it off, either with new capital or with free cash flow. So, NFI's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NFI Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NFI to invest in growth at high rates of return. When we think about NFI's use of debt, we should always consider it together with cash and equity.
NFI Group Inc., together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, Europe, the Asia Pacific, and internationally. NFI Group Inc. was founded in 1930 and is headquartered in Winnipeg, Canada. NFI GROUP operates under Auto Manufacturers classification in Canada and is traded on Toronto Stock Exchange. It employs 9300 people. NFI Group (NFI) is traded on Toronto Exchange in Canada and employs 9,100 people. NFI is listed under Automobile Manufacturers category by Fama And French industry classification.

Management Performance

NFI Group Leadership Team

Elected by the shareholders, the NFI's board of directors comprises two types of representatives: NFI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NFI. The board's role is to monitor NFI's management team and ensure that shareholders' interests are well served. NFI's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NFI's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Smith, Executive VP of Sales and Marketing
Phyllis Cochran, Independent Director
Katherine Winter, Independent Director
Janice Harper, Vice President - Human Resources
Christopher Stoddart, President - Transit Bus Business
Adam Gray, Independent Director
David White, Executive Vice President - Supply Management
Paul Soubry, President, Chief Executive Officer, Director
Paul Davies, President Limited
Brian Dewsnup, President - Aftermarket Parts Business
John Marinucci, Independent Director
Krystyna Hoeg, Independent Director
Larry Edwards, Independent Director
Colin Pewarchuk, Executive Vice President General Counsel and Corporate Secretary
Chris Stoddart, Vice President - Engineering Services
Brian Tobin, Independent Chairman of the Board
Margaret Lewis, Vice President - Quality Assurance and Continuous Improvement
Pipasu Soni, Chief Financial Officer, Executive Vice President - Finance
Ian Smart, Executive VP of After Market Buses
Stephen King, Group Relations
Glenn Asham, Chief Financial Officer, Executive Vice President - Finance, Treasurer
Paulo Nunes, Independent Director
ICDD Soubry, CEO President

NFI Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NFI a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with NFI

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NFI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NFI will appreciate offsetting losses from the drop in the long position's value.

Moving against NFI Stock

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The ability to find closely correlated positions to NFI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NFI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NFI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NFI Group to buy it.
The correlation of NFI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NFI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NFI Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NFI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in NFI Stock

NFI financial ratios help investors to determine whether NFI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NFI with respect to the benefits of owning NFI security.